Meaning Of The Word Commission

Real Dictionary

What's the definition of Commission? Find Commission meanings, definitions and more at the Real Dictionary online.

Commission Meaning

Commission Definition
Commission Definition

What's The Definition Of Commission?

commission
verb: If you commission something or commission someone to do something, you formally arrange for someone to do a piece of work for you.

commission in Accounting
noun: Commission is payment of part of the revenues or profits from a sale or deal that is paid to the person who arranged or facilitated the deal.

commission in American English
an authorization to perform certain duties or tasks, or to take on certain powers
noun: the act of committing or giving in charge

commission in British English
noun: a duty or task committed to a person or group to perform
verb: to grant authority to; charge with a duty or task

commission in Finance
noun: Commission is payment to a broker of part of the profits from a sale.

commission in Insurance
noun: If an insurance company pays commission to an intermediary, they pay them a fee for selling an insurance policy.

commission in Retail
noun: Commission is payment of part of the revenues or profits from a sale or deal that is paid to the person who arranged or facilitated the deal.

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